Guangzhou Development (SHA:600098) issued super short-term commercial paper worth 1 billion yuan, according to a Shanghai bourse filing on Wednesday.
The bonds have a coupon rate of 1.36% and a term of 270 days, maturing Jan. 31, 2027.
The Chinese power company's shares rose 2% during the morning trade.
Black Box (NSE:BBOX, BOM:500463), through its step-down subsidiary Black Box Do Brasil Industria e Comercio, has completed the acquisition of Brazilian solutions integrator 2S Inovações Tecnológicas, according to a Wednesday filing to the Indian stock exchanges.All the terms and conditions about the acquisition have been duly completed on Wednesday, and the said acquisition took effect May 1, the statement said.The acquisition is expected to help Black Box achieve its long-term objective of reaching $2 billion in annual revenue by 2030.The company's shares were down over 2% in recent trade.
Navigator Global Investments (ASX:NGI) said Norges Bank acquired a voting power of 5.17% in the firm as of Monday, according to a Wednesday statement.The bank holds 28.3 million ordinary securities of the firm.Its shares fell 1% in recent trading on Wednesday.
NTT DC REIT's (SGX:NTDU) declared a distribution per unit or DPU of $0.0556 for the fiscal year ended March 31, topping its IPO forecast of $0.0542 by 2.6%, according to a Tuesday filing with the Singapore Exchange.Shares of the data center-focused REIT were down over 1% in Wednesday trading.Amount available for distribution came in at $57.5 million, compared with the IPO forecast of $56.1 million.Net property income stood at $74.9 million, against an IPO forecast of $73.3 million, while gross revenue came in at $164.8 million, surpassing the IPO forecast of $160.8 million.Committed portfolio occupancy stood at 98.5% as at March 31, backed by a weighted average lease expiry of 4.5 years.